Frax FPI (FPIS)

Total Value Locked$598,310
Chain Breakdown
Ethereum$598,310
Market Cap$13.18m
$0.4
Fully Diluted Valuation$39.8m
$1,927
$108,457
-$50,545
USDETH

Protocol Information

The Frax Price Index (FPI) is the second stablecoin of the Frax Finance ecosystem. FPI is the first stablecoin pegged to a basket of real-world consumer items as defined by the US CPI-U average. The FPI stablecoin is intended to keep its price constant to the price of all items within the CPI basket and thus hold its purchasing power with on-chain stability mechanisms.f locking the asset.

Category:Algo-Stables

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Token Information

Address:0xc2544a...901fdb

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Methodology

TVLFees and Revenue

Competitors

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